USDA Rural Development Summary of Major Programs
USDA Rural Development Summary of Major Programs
Together, America Prospers
USDA Rural Development at a Glance
Rural America's Partner in Prosperity USDA Rural Development is the lead Federal agency helping rural communities grow and prosper. We increase economic development and improve the quality of life in rural places and small towns.
We provide loans, grants, and technical assistance to build critical infrastructure like broadband, water systems, and hospitals. Our programs expand access to e-connectivity, electric and transportation infrastructure, and support business growth, healthcare, education, housing, and other community essentials.
We stand ready to be your partner in prosperity for rural America. Contact us today to learn more and connect with the local USDA Rural Development team that serves your area:
WE HAVE MORE THAN 40 PROGRAMS TO SUPPORT RURAL AMERICA.
Telecommunications Programs
Electric Programs
Community Facilities Programs
Water and Environmental Programs
rd.
1 (800) 670-6553
@usdaRD
Contact the USDA Rural Development Office in your community to learn more
Business and Cooperative Programs Single-Family Housing Programs Multi-Family Housing Programs
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USDA Rural Development Summary of Major Programs
Rural Housing and Community Facilities Programs
Program
Objective
Applicant
Uses
Population
Loan/ Grant
Terms/Conditions
Single-Family Housing Direct Loans (including Self-Help Loans)
Safe, well-built, affordable homes for very-low- and low-income rural Americans.
Families and individuals.
Buy, build, improve, repair or rehabilitate a rural home as the applicant's permanent residence.
Rural areas with
Direct loan. Up to 100% of market
populations up to
value or cost. Loan term
20,000 (in special
of 33/38 years. Applicant
circumstances,
may be eligible for payment
communities up to 35,000 may be eligible).
assistance (subsidy) on the loan.
Single-Family Housing Loan Guarantees
To help low- to
Families and
moderate-income individuals.
applicants/households
buy their homes by
guaranteeing loans
made by private
lenders.
Purchase new or existing homes and refinance existing Rural Development guaranteed or direct loans.
Rural areas with
Loan
populations up to
guarantee.
20,000 (in special
circumstances,
communities up to
35,000 may be eligible).
30-year fixed. The interest rate is negotiated between lender and borrower. Loans up to 100% of market value, plus the amount of the up-front guarantee fee being financed.
Single-Family Housing Repair Loans and Grants
To help very-lowincome applicants remove health and safety hazards or repair their homes.
Families and individuals who currently own their home.
Repair/replace roof, winterize, purchase or repair heating system, structural repair, water/ sewage connect fees, etc.
Rural areas with
Direct loan
populations up to
and grant.
20,000 (in special
circumstances,
communities up to
35,000 may be eligible).
Loans up to $20,000 for up to 20 years at 1%. Grants available to very-low-income applicants ages 62 years or older unable to pay a 1% loan.
Self-Help Housing Technical Assistance Grants
Helps lower income families build their own homes.
Nonprofits and public bodies.
Technical assistance to train small groups of families how to build each others' homes.
Rural areas with populations up to 20,000 (in special circumstances, communities up to 35,000 may be eligible).
Grant.
Grant agreement.
Rural Rental Housing Direct Loans
Safe, well-built, affordable rental housing for very-lowincome individuals and families.
Individuals, trusts, Rental housing; associations, limited new construction partnerships, for-profit or substantial and nonprofit entities, rehabilitation. Federally-recognized Indian Tribes, public bodies.
Rural areas with
Direct loan. Up to 100% of total
populations up to
development cost
20,000 (in special
(nonprofits); 97% (for-profits);
circumstances,
95% (for-profits with
communities up to 35,000 may be eligible).
Low-Income Housing Tax Credits). 30-year term with up to 50-year amortization.
Rural Rental Housing Loan Guarantees
Guarantees on loans to build or preserve affordable housing for very-low to moderate-income tenants.
For-profit and nonprofit lenders.
Build or rehabilitate affordable rental housing.
Rural areas with
Loan
populations up to
guarantee.
20,000 (in special
circumstances,
communities up to
35,000 may be eligible).
At least 25-year term with fixed interest rate. Loan guarantees on up to 90% of the principal.
Housing Preservation Grants
Repair and
Public bodies
rehabilitate housing and nonprofit
owned or occupied organizations.
by very-low- and low-
income
rural families.
To operate a program Rural areas with
Grant.
that finances repair and populations up to
rehabilitation activities 20,000 (in special
for single-family and circumstances, small rental properties. communities up to
35,000 may be eligible).
Grant agreement.
Farm Labor Housing Loans and Grants
Safe, well-built affordable rental housing for farmworkers.
Individuals, public Rental housing;
and private nonprofit new construction
organizations.
or substantial
rehabilitation.
Not applicable.
Direct loan and grant.
Up to 102% of total development cost. Up to 33 years to repay at 1% interest.
Community Facilities Loans and Grants
Improve, develop, Public bodies,
Construct, enlarge,
or finance essential nonprofits, and
or otherwise improve
community facilities Federally-recognized essential community
for rural communities. Indian Tribes.
facilities such as public
safety, fire and rescue,
telecommunications,
schools, libraries,
hospitals and other
healthcare facilities,
etc. This may include
furnishings, fixtures,
and other required
equipment.
City, town, or unincorporated area of not more than 20,000 in population. Facilities must primarily serve rural residents.
Direct loan, loan guarantee, or grant.
Up to 100% of market value. Term is for the useful life of the facility or equipment, based on state statute, or 40 years. Maximum grant 75% of project cost. Grant eligibility based on income, population, and need.
Rural Community Development Initiative
To facilitate housing, community facilities, and community and economic development projects.
Private nonprofit or Technical assistance
public organizations, grants of $50,000 to
philanthropic
$300,000 to develop
foundations, low- the capacity and ability
income communities. of awardees to carry
out needed projects.
City, town, or unincorporated area of not more than 50,000 in population.
Grant.
Matching funds required for grant.
For direct loans and grants, apply to Rural Development. For loan guarantees, apply to participating intermediaries such as approved banks, mortgage companies, etc.
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